It looks as though the discussion on this is dying down, so at the risk of prolonging it a little, here is another lens to look at this through.
Before the sales disclosed in the announcement, DrC had 8.59m shares.
If we eventually get bought out for $30 (a tad conservative in the eyes of some perhaps), this would have yielded $258m.
However, having sold 300,000 shares, he would now be in line to receive $249m.
Now $9m is likely to be a huge amount for us on HC to contemplate missing out on - but in a couple of years receiving $249m instead of $258m probably wouldn't register too much (first world problems, I know).
It looks as though the discussion on this is dying down, so at...
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.45 |
Change
-0.005(0.34%) |
Mkt cap ! $242.5M | |||
| Open | High | Low | Value | Volume |
| $1.46 | $1.50 | $1.43 | $62.91K | 43.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 591 | 1 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.46 |
Change
-0.005 ( 0.23 %) |
||||
| Open | High | Low | Volume | ||
| $1.44 | $1.49 | $1.43 | 9034 | ||
| Last updated 13.08pm 24/05/2024 ? | |||||
| RAC (ASX) Chart |